St. JOSEPH’S COLLEGE (AUTONOMOUS) TIRUCHIRAPPALLI – 620 002 SEMESTER EXAMINATIONS

CLASS: B.Com. C.A.                                                                                                        12A/143

St. JOSEPH’S COLLEGE (AUTONOMOUS) TIRUCHIRAPPALLI – 620 002

SEMESTER EXAMINATIONS – APRIL 2016

TIME: 3 Hrs.                                                                                 MAXIMUM MARKS: 100
SEM
SET

PAPER CODE

TITLE OF THE PAPER

VI
2009

08UAC630216

FINANCIAL ACCOUNTING PACKAGE – TALLY

 

SECTION – A

Answer all the questions:                                                                       20 x 1 = 20

Choose the correct answer:
1.
Which one of the following is a book of accounts?

a)
Journal
b)
Ledger

c)
Profit and loss a/c
d)
Balance sheet
2.
What is the short cut key for purchase order?

a)
F4
b)
Alt + F4

c)
F5
d)
Alt + F5
3.
Which one of the following is default ledger in Tally?

a)
Purchase
b)
Sales

c)
Capital
d)
Cash
4.
To know the stock value along with quantity, view _______

a)
Stock summary
b)
Stock item

c)
Stock category
d)
Day book
5.
To select the cost centre _______ key is used.

a)
Alt + C
b)
Ctrl + C

c)
Alt + L
d)
Ctrl + L



Fill in the blanks:
6.
There are _______ number of pre-defined primary accounting groups in Tally.
7.
_______ is the example of simple unit.
8.
_______ are the authentic instruments for transactions.
9.
Using ODBC, we can connect _______ in Tally.
10.
Whenever cash is withdrawn from bank _______ entries are to be made.

State True or False:
11.
Cash account is a real account. 
12.
Alt + C is used to create masters in secondary mode.
13.
Compound units can be created in Tally.
14.
Configurations can be altered by pressing F12.
15.
E-mail can be sent directly from tally.

Match the following:
16.
Retrieval of data
-
a) XML
17.
Import of data
-
b) ASCII
18.
Reports
-
c) Tally vault
19.
Security control
-
d) Scenario management
20.
Information interchange
-
e) Pass word

SECTION – B
Answer all the questions:                                                                       5 x 7 = 35
21.
a.
Highlight the salient features of tally.

OR

b.
Narrate the advantages of computerized accounting.
22.
a.
State the method of preparing receipt voucher.

OR

b.
How will you create / delete / alter companies?
23.
a.
State the method for displaying trial balance.

OR

b.
Describe the concept of Master configuration.
24.
a.
What are the various types of units of measure?  Specify the procedure to create them.

OR

b.
Explain the different data formats.
25.
a.
What are reports?  What are the various reports available in Tally?

OR

b.
Write a short note on Tally vault.

SECTION – C

Answer any THREE questions:                                                            3 x 15 = 45
26.
Briefly explain the details to be filled in creation of company.
27.
Describe various accounting vouchers with appropriate examples.
28.










Create a stock group and stock items using the following information.
Stock Group
Stock Item
Electrodes
Electrodes 1.5 mm 100 pcs per packet @ ` 5,000 per packet
Electrodes 2.5 mm 200 pcs per packet @
` 10,000 per packet
Floppy disks
Maxell 3.5² pcs 120 per packet @ ` 1,300
Soney 5.5² pcs 150 per packet @
`  2,100
29.
Solve the following problem using Tally.

Debit (`)

Credit (`)
Stock (1-1-2009)
Purchases
Carriage
Salaries
Stationery
Drawings
Debtors
Equipments
20,000
18,000
 2,000
 5,000
 4,000
 2,000
 5,000
 4,000
60,000
Sales
Creditors
Capital
Loan payable
32,000
  2,000
23,000
  3,000




   60,000
        Adjustment: Stock at the end amount to ` 12,000.
30.
Explain the basic steps used in connection tally data into MS word document.

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